Warren Buffett Sells $10 Billion in Bank of America Shares After Reducing Apple Stake

Reported 3 months ago

Warren Buffett has sold about 23% of his stake in Bank of America, totaling around $10 billion, after significantly reducing his investment in Apple by nearly 60%. This sale, amounting to approximately 239 million shares, was conducted between mid-July and early October, potentially signaling profit-taking or portfolio rebalancing by the legendary investor as Berkshire Hathaway's investment strategies evolve.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis